The maximum you can send per transaction is $ 2500.00. The maximum you can send per transaction is $ 500.00.
How much is the maximum you can send through Western Union?
You can send a maximum of $2,500.00 per online money transfer. Agent locations typically have no limit, however, so long as you can provide adequate identification while sending. Nearly all transactions through Western Union will have a transfer fee attached, ranging from $3.50 to $100 or more.
What is the limit of Western Union in Nigeria?
A maximum send limit of 1,000USD Naira equivalent per customer per quarter, as stipulated by the Central Bank of Nigeria.
Can I send money to Nigeria through Western Union?
Transfer money to anyone in Nigeria
Whatever the reason, Western Union makes it easy to send and transfer money to Nigeria online, via the Western Union® app, or from an agent location. When you need to wire money to Nigeria, we’ll help you get it there – quickly and reliably.
How much does it cost to send $100 through Western Union?
The fee is $4.50 to transfer up to $50 and $9.50 to send up to $900. Western Union, in comparison, charges $5 for a money transfer of up to $50, but a transfer of $900 could cost $76. There are a number of price points in between, dependent on the amount of money to transfer.
Does Western Union report to IRS?
As a result of the agreement, the Company will make cash payments to the IRS and various state tax authorities of approximately $220 million, which are in addition to a $250 million tax deposit made with the IRS in 2010 connected to the potential liability. …
Does Western Union have an age limit?
Note: You must be at least 18 years old with a valid, government-issued ID* to send or receive money with Western Union.
Why is it so hard to send money to Nigeria?
Sending money to Nigeria from USA or from any other country is often a big help for your relatives and your friends living there. But it can be hard as well because of the strict money transfer regulations because of the anti money laundering rules.
Has Western Union been banned in Nigeria?
On Aug. 2, Nigeria’s Central Bank issued a new directive (pdf) limiting the operations of money transfer operators (MTO) in the country. … As a result, only three MTOs—Western Union, MoneyGram and Ria—were left free to operate in the country.
Is Western Union still working in Nigeria 2020?
Yes. You can send money from most of our agent locations in Nigeria.
What’s the best way to send money to Nigeria?
If you want to send money to a bank account in Nigeria, we recommend using a specialist currency provider. If you’re transferring under $300 or equivalent, your best options include WorldRemit, TransferWise, Xoom or MoneyGram.
How much does it cost to send money to Nigeria through Western Union?
Table 1: Sending $1000 from the US to Nigeria
|Transfer method||Fees to send $1k USD||Total fees|
|Western Union (slow)||$12||$33|
|Western Union (fast)||$48||$69|
How do I transfer money to a Nigerian bank account?
You can send money to a Nigerian bank account in three simple steps.
- Select the type of service you want. You can choose a money transfer to the recipient’s bank account, or an airtime top up. …
- Tell us where you want the money to go. …
- Tell us whether you want to pay with your debit card or ACH, and provide the details.
What is the cheapest way to send someone money?
The Cheapest Ways to Send Money
- Cash App.
- Facebook Messenger.
- Mobile Pay.
- Online Bill Pay.
- Bank P2P Payments.
Is Western Union cheaper than bank transfer?
With Western Union’s money transfer services, you always know the exchange rates and fees before you make a transaction. In addition to being one of the best ways to transfer money internationally, transfers of money between bank accounts are often less expensive than sending money for cash pickup.
Which is cheaper Western Union or MoneyGram?
MoneyGram leans slightly cheaper and averages faster transfer speeds than Western Union — but your experience may vary depending on your specific transfer. Because there are so many variables, you’ll want to compare Western Union and MoneyGram against one another to see which is best for you.